Marek Mackanic
Weekly Recap The market never stops finding ways to surprise us. I had planned to take a modest 20% profit on my recently opened Hycroft position, but the opportunity slipped by. No stress I will continue holding until it offers a return again that makes sense. As I mentioned earlier, I expected crude $OIL to push higher and bring the energy sector along with it. The move came a bit steeper and faster than I anticipated, but the direction was not unexpected. I also noted that $SILVER is unlikely to break new all‑time highs in the near term. The correction we’re seeing may take several months to fully play out. Even so, I’m still holding most of my mining positions and I think they can continue making new all time highs even though silver stays flat. I expect them to perform well over the course of this year. Last year they outperformed perhaps every sector, so a pullback—especially when investors need liquidity to cover losses elsewhere—is nothing unusual. I covered more about my Silver and $GOLD view here -> etoro.tw/47kmpk3 For those who recently started copying, unfortunately most of you started copy at the peak of the portfolio and it is dofficult to find a sweet spot when to jump in perfectly. I’d suggest you to revisit tips in my pinned post here -> etoro.tw/4azY9wc
Not investment advice. The author may have financial interests in the mentioned instruments.
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